Construction employment declined by 61,000 in February, while the sector’s unemployment rate soared to 9.6 percent amid severe winter weather and continuing weakness in new nonresidential projects, according to an analysis by the Associated General Contractors of America of government data released today. “The steep decline in construction employment in February continues a downward trend in [...]
Want to improve your business's identity? Make a great first impression, increase sales and update your rental yard's image with a new logo design. What to consider before designing (or changing) a logo Logos aren't just for business cards or t-shirts anymore. In addition to labels for your equipment and delivery vehicles, logos need to do [...]
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for January was $8.1 billion, down 12 percent year-over-year from new business volume in January 2020. Volume was down [...]
Construction spending rallied in January as private nonresidential construction increased for the first time in seven months, according to an analysis of new federal construction spending data by the Associated General Contractors of America. Association officials said that nonresidential construction spending remains below pre-pandemic levels and that rising materials prices and proposed labor law changes threaten [...]
Help your rental yard thrive in 2021 with a solid website that answers your customers’ questions while telling your story. An easy-to-use website, with a sharp logo, helps you sell more and build your brand. Homepage Put your best foot forward with the page that is usually the first page a potential customer will land [...]
McConnellsburg, Pa. JLG Industries, Inc. is now offering a series of live technical webinars on JLG University to help technicians learn more about running system diagnostics on JLG equipment. Led by a qualified JLG training department instructor, these 1- to 2-hour JLG trainings explore the inner workings of sensors, valves and control logic, thoroughly explaining these [...]
The newest Sandhills Global market data reports dive deep into used asking values, which have shown upward trends year-over-year across the agriculture, construction, and truck markets Sandhills Used Price Asking Index data, seen in the accompanying chart, shows that low-horsepower dozers in the 0- to 5-year age group have been trending upward since Q3 2020, and [...]
Price increases—some to record-setting levels—and long delivery delays are causing hardships for construction firms that are also experiencing challenges in completing projects with crews limited by illness or new work site procedures resulting from the pandemic, according to an analysis by the Associated General Contractors of America of government data released today. Association officials urged the [...]
Construction employment decreased from December 2019 to December 2020 in more than half of the nation’s metro areas despite a surge in homebuilding and remodeling, according to an analysis of new government data that the Associated General Contractors of America released today. Association officials said large numbers of contractors are having to lay off workers once [...]
Construction employment stagnated in January, ending eight months of recovery from the pandemic-related losses of early 2020, according to an analysis by the Associated General Contractors of America of government data released Friday. “The stagnation in construction employment in January may foreshadow further deterioration in the industry as projects that had started before the pandemic finish [...]
